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Section 20 of Companies Amendment (Act) 2017 Applicable from 05.07.2018
Central Government hereby appoints the 5th July, 2018 as the date on which the provisions of Section 20 of Companies (Amendment) Act, 2017 shall come into force.Government of IndiaMinistry of Corporat...
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Law Commission not Recommended Legalisation of Gambling & Sports Betting
Breaking: Law Commission not Recommended Legalisation of Gambling & Sports BettingPress Note – ClarificationThe Law Commission of India submitted its 276th Report on “Legal Framework: Gambling and Spo...
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Digital Aadhaar / Driving Licence valid ID proof for Train Journey
Ministry of Railways approves digital Aadhaar and Driving Licence from Digital Locker as proof of identity of passengers for undertaking journey by TrainThe issue regarding accepting Aadhaar and Drivi...
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Indian Accounting Standards (Ind AS): Impact Analysis and Industry Experience
An important role of the Accounting Standards Board (ASB) of the Institute of Chartered Accountants of India (ICAI) is to make sure that it works towards establishing a sound financial reporting syste...
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Indian Accounting Standards (Ind AS): Disclosure Checklist
Over the past two decades, the nature of accounting and financial reporting has evolved to meet the changing needs of users. Business and Financial markets have become more challenging, with greater c...
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FICCI Survey on One year of GST
FICCI conducted a survey of enterprises on completion of one year of GST implementation, seeking their views on impact of this major reform, besides gauging insights and views on some of the key issue...
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Continuous efforts being made to simplify GST system: Finance Secretary
Hasmukh Adhia-Work on to make GST refund process fully automaticFICCI GST Survey: 76% respondents say GST had a positive impact on their business NEW DELHI, 6 July 2018: Finance Secretary Dr. Hasmukh...
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BSE notifies Compulsory Delisting of 216 companies WEF July 4, 2018
Bombay Stock ExchangeNotice No- 20180702-28Notice Date- 02 Jul 2018Trading Members of the Exchange are hereby informed that the 210 companies (given in Annexure I) that have remained suspended for mor...
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BSE notifies Compulsory Delisting of 6 companies WEF July 4, 2018
Bombay Stock ExchangeNotice No. 20180702-29Notice Date 02 Jul 2018Trading Members of the Exchange are hereby informed that the undermentioned 6 companies that have remained suspended for more than 6 m...
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Likely Vacancy for the post of Members of CBDT for FY 2018-19
F.No.A.12026/20/2017-Ad.IGovernment of IndiaMinistry of FinanceDepartment of RevenueNorth Block, New DelhiDated the 4th July, 2018OFFICE MEMORANDUMSubject: Selection for the post of Members of the Cen...
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Govt Servant requested to File Income Tax Returns within Due Date
Government of IndiaIncome Tax DepartmentOffice of the Pr. Commissioner of Income Tax-3, Chennai4th Floor, Main Building, 121, Mahathma Gandhi Road, Chennai-34P.N.DEVADASAN, IRSPrincipal Commissioner.P...
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Commencement of various provisions of the Companies (Amendment) Act, 2017.
MCA has enforced the following provisions of the Companies (Amendment) Act, 2017:Section no. of the Companies (Amendment) Act, 2017Corresponding section of the Companies Act, 2013AmendmentsEffective f...
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Ministry of Corporate Affairs (MCA) to update KYC of Directors who has been allotted DIN on or before 31st March, 2018
As part of updating its registry, MCA would be conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC to be notified and deployed shortly.Accordingly, every Direc...
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RBI Cautions about Fictitious Emails
Reserve Bank of India has been periodically reiterating about the activities of unscrupulous elements using the name of RBI and defrauding the common public. These elements use fake letter heads of RB...
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Individuals can Now apply for PAN online with digital signature
With effect from September 6, 2015, facility for digital signature certificate (DSC) based PAN application has been enabled in New PAN Form 49A for Individuals.Guideline for DSC based Online Applicati...
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Online System to determine notifiability of M&A in terms of Competition Law
Press Information Bureau Government of IndiaMinistry of Corporate Affairs04-July-2018 19:18 ISTCompetition Commission of India (CCI) launches an Online Guidance System for determining notifiability of...
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ICAI announces dates of Election of Central & Regional Councils
Election 2018AnnouncementOption for Polling Boothsin Bengaluru, Chennai, Delhi/New Delhi, Kolkata and Mumbai CitiesNew Delhi, 29th June, 2018The next elections to the Council and the Regional Councils...
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GST remains work in progress 1 yr. after its implementation
Somesh Kumar, principal secretary (commercial taxes & excise), TelanganaIndustry must give suggestions to resolve glitches in GSTNHyderabad, July 4, 2018: The Goods and Services Tax (GST), India’s big...
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CBDT slams Committees to Monitor High Pitched Assessment Orders
SUSHIL CHANDRAChairman, CBDT &Special Secretary to the Government of India(GOVERNMENT OF INDIAMinistry of Finance/Department of RevenueCentral Board of Direct TaxesNorth Block, New Delhi-110001E-mail...
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IBBI amends IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
Insolvency and Bankruptcy Board of IndiaPRESS RELEASE4th July, 2018IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016The I...